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Feb 2015 - Pivot Table - Doc # EI254406

Pivot Table: Worldwide Oil and Gas Industry IT Spending Guide, 2013–2018, Version 2

Authors: Chris Niven, Jill Feblowitz, Mike Glennon, Roberta Bigliani, Gary Koch, Jebin George, Roman Maceska, Alejandro Florean, Ricardo Villate
Abstract

This IDC Energy Insights Pivot Table provides a detailed methodology and taxonomy for IDC Energy Insights' Worldwide Oil and Gas Industry IT Spending Guide. A definition for the oil and gas industry and line of business (LOB) and relevant technology definitions are also provided. Key points include:

  • The oil and gas industry is dynamic and, at times, volatile. As such, IT vendors should constantly review their market assumptions and data.
  • IT vendors need to pair this market data with balanced assessments of industry pain points and challenges.

IDC Energy Insights' methodologies integrate these elements into a framework to determine market size for a base year and then forecast growth.

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